Frisco set to open marina bond sales on Feb. 6

The town of Frisco breaks ground on the Big Dig, an excavation of the Dillon Reservoir meant to set the groundwork for a number of future improvements as part of the Frisco Bay Marina Master Plan.William Linfield

The town of Frisco is set to begin selling it’s marina enterprise revenue bonds in early February, a project the town hopes will help raise up to $6 million to fund capital projects at the Frisco Bay Marina.

Earlier this month the town passed an ordinance authorizing the issuance of up to $6 million in bonds for improvements in the Frisco Bay Marina Master Plan — including the “Big Dig” and a new office building on site.

The town will begin selling bonds on Feb. 6 in minimum denominations of $25,000. Marketing for the bonds has already begun, with informational packets going out to potential investors. Bond sales will last through Feb. 26.

For a preliminary official statement on the new bond issue, contact Laura Podrasky with George K. Baum & Company at 800-722-1670 or 303-391-5550.

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